WABCO INDIA
Monthly chart
1) Triple bottom formation complete.
2) Cup pattern breakout adds momentum to stock.
3) Good level to enter for conservative traders would be at 7500-7900; Aggressive traders can enter at cmp.
4) Target 8850 which is breakout level + 0.5 X (length of the cup pattern level).
5) Stop should be at 7000.
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